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4 April 2017 | 5 replies
I have recently decided that I must supplement my current government income through passive means so that I can set myself up for a great position to "escape the rat race" when I transition to civilian life in a few years.
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5 September 2017 | 2 replies
Hello Bigger Pockets community!A while back I posted a question about how to get my start in REI, specifically regarding the impact of a real estate license. I got a lot of great feedback! As I sit on the topic some...
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5 November 2013 | 9 replies
Before making the investment, I conducted my due diligence, discovering interesting figures:CAP Rate: 4.144%Asset Value: $213,898.00Profit Per Unit: $184.65Year 1 Cash ROI: 44.33%Year 1 Total ROI: 62.68%Year 1 Total Cash Flow: $8,863.00Expenses: 39.38% Price Per SqFt: $55.34These numbers demonstrate passive income, supplementing my full-time salary and allowing me to save for a future down payment or assist in a real estate venture.
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1 May 2017 | 4 replies
Hello BP Community,I'm working my way through the "9 steps to own a rental property" video series and I've purchased one house already (I know, reverse order).The question I'm now thinking on is "alternative or supplemental income".
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11 May 2020 | 15 replies
Our plan, and strategy, is to begin our REI portfolio now (or very soon), so that in 10 years we use REI to supplement my retirement pension and in theory, be financially free.Like I mentioned to @Eric Jones, OOS investing in a more passive manner makes the most sense for us now.
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27 November 2018 | 7 replies
I'm looking to get into real estate part time (lending, flipping) - I have previous experience on the assessment/tax side of the industry and will be getting a real estate license to supplement my education and get MLS access.My current goal is to run through a single flip and break even.
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29 November 2018 | 14 replies
This allowed me to verify that the door being closed in the common area, with the furnace running, would be enough to prevent the pipes from freezing.However, the Tenant has turned the thermostat all the way down, but still on, and I believe is still using the space heaters to supplement.
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5 December 2018 | 14 replies
Now, I don't necessarily want to just walk away from a great career, instead I want to supplement my normal income with passive income.
18 October 2018 | 3 replies
Goal is buy and hold. something that will supplement me in retirement/keep me busy when I retire at 49.
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22 December 2019 | 4 replies
Have to admit some of the investing terms get overwhelming, but supplementing the reading with youtube videos of "what is ROI?"